CES Tariff Model with Nesting of the Domestic Product and Non-Subject Imports
Release Date: 2019-08-16
This is a variant of the CES model that allows for a higher elasticity of substitution between the domestic product and non-subject imports. This model is an alternative for simulating the effects of tariff changes on prices and quantities of imports and domestic shipments in the market.
Model Details: Tags:
Perfect Competition
Tariff
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Recommended Citations:
Riker, D. and Schreiber S. (2020). Structural Equations for PE Models in Group 1 (Perfect Competition). U.S. International Trade Commission. Trade Policy PE Modeling Portal. |